A Glimpse Into The Expert Outlook On Adeia Through 4 Analysts
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Adeia (NASDAQ: ADEA) over the past three months, with all four analysts maintaining a bullish stance. The 12-month price targets range from $15.00 to $16.00, with an average target of $15.75. Despite revenue challenges and a high debt-to-equity ratio, Adeia shows strong profitability and effective cost management.
July 16, 2024 | 3:00 pm
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Analysts have maintained a bullish outlook on Adeia (NASDAQ: ADEA) with a 12-month price target averaging $15.75. Despite facing revenue challenges and a high debt-to-equity ratio, the company shows strong profitability and effective cost management.
The consistent bullish ratings from analysts and the stable price target suggest positive sentiment towards Adeia. Despite some financial challenges, the company's strong profitability metrics and effective cost management are likely to support its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100